Crack the Codes: Practice Management & Coding Virtual Course-Workbook: Revenue Cycle Management

Workbook: Revenue Cycle Management - Improve Your Bottom Line

Pdf Summary

The document is a presentation on revenue cycle management, specifically focused on improving profitability and efficiency in medical practices. It is presented by Karen Zupko, the President of KarenZupko & Associates (KZA), a consulting firm specializing in practice management.<br /><br />Karen Zupko is an internationally recognized thought leader and speaker, with expertise in surgical specialties and various areas of practice management. She has decades of experience consulting, coaching, and training physicians and healthcare managers.<br /><br />The presentation covers various topics related to revenue cycle management, including collecting patient balances, managing accounts receivable, using data for decision-making, implementing patient financing options like CareCredit, and reducing denials. It also emphasizes the importance of understanding payor fee schedules and medical policies, documenting medical necessity, and ensuring timely completion of documentation.<br /><br />The document includes charts and reports that can be used for analyzing practice financials and tracking key metrics. It also provides a sample implementation plan for collecting patient responsible balances and a protocol for collecting surgery deposits.<br /><br />Overall, the presentation aims to provide practical strategies and tools to help medical practices improve their revenue cycle management processes and ultimately enhance their bottom line.

Keywords

revenue cycle management

profitability

efficiency

medical practices

Karen Zupko

practice management

collecting patient balances

data-driven decision-making

patient financing options

reducing denials